BB&T jumps 2% on strong Q4 results
BB&T Corporation (BBT) is up 2.3% Thursday morning. The stock is moving higher following the company’s better than expected fourth-quarter earnings report. BBT posted adjusted earnings of 84 cents per share, versus the consensus 80 cents. For the quarter, BBT had revenue of $2.91 billion, which topped the $2.84 billion in sales that analysts forecast.
BB&T Corporation (BBT) is a regional bank.
GNC Holdings, Inc. (GNC) and Hertz Global Holdings, Inc. (HTZ) top the list of other companies with positive news today, while The Bank of New York Mellon Corporation (BK) and KeyCorp (KEY) top the list of companies with negative news.
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About BB&T Corporation
Based in Winston-Salem, North Carolina, BB&T is a regional banking company with a presence primarily in the southeastern United States. In addition to commercial and retail banking, the company operates several nonbank segments, the primary one being its insurance brokerage business.